Midway, New Mexico Population

Midway, New Mexico has a population of 418, with a median household income of $44,114.

Current population data for Midway.

418

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Population

418

💰

Median Income

$44,114

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Unemployment

6.80%

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Housing Price

$118,114

🚨

Crime Rate

0.70

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Internet Speed

109.40 Mbps

Midway is a small local community located in New Mexico. The city has a population that is below the average city population in New Mexico, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in New Mexico, Midway provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Midway has a population of 418, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Midway is $44,114, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Midway is about $118,114, making it relatively affordable compared to many cities in New Mexico.

Employment and Safety

The unemployment rate in Midway is 6.80%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Midway are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in New Mexico, Midway shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Midway offers a balanced mix of economic conditions, population trends, and housing opportunities within New Mexico.

Frequently Asked Questions about Midway

What is the population of Midway?

The population of Midway is approximately 418.

Is Midway a good place to live?

Midway offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Midway?

The median household income in Midway is around $44,114.

How expensive is housing in Midway?

The average housing price in Midway is approximately $118,114.